Asian equity markets kicked off the week with gains on Monday as traders brace for a week full of event risk.
The mood was cautious ahead of key Chinese data; both the government's official purchasing manager's index (PMI) for June and HSBC's final PMI reading are due for release on Tuesday.
"The consensus forecast for the official index is 51, up from 50.8 in May. The official index moves with the HSBC/Markit index but its bounces and dips typically are smaller. The two consecutive bounces in the HSBC/Markit index have reinforced the view that macro fine-tuning produced a bounce in activity in the second quarter," said TIm Condon, head of research, Asia at ING Financial Markets.
Investors are also awaiting June's U.S. nonfarm payrolls report on Thursday. Analysts expect the U.S. economy to have added 213,000 jobs while the jobless rate is seen steady at 6.3 percent.